Press releases

Arcona Property Fund N.V.: phase 1 SPDI concludes in October

1 October 2019

Arcona Property Fund N.V., the listed fund that invests in commercial real estate in Central Europe, expects the first phase of the acquisition of the assets of Secure Property Development & Investments (SPDI) to be completed in October 2019.

The completion was delayed by the formal approval for the extension of one of the bank loans.

Arcona Property Fund N.V.: phase 1 SPDI concludes in October
1 October 2019
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The dividend policy for Arcona Property Fund is to pay at least 35% of the annual direct result as a dividend. The target is, within a three to five year time frame from end 2016, to increase annual dividend payments to a level of 8% of the prevailing share price.

Arcona Property Fund counts the following substantial companies amongst its tenants: